Bank of Hawaii, Oil, & China

Bank of Hawaii has weathered the financial crisis extremely well and looks to be a solid buy. Picking up some long calls with a stop just below the 50 week moving average may pay off huge in the near future. The next three charts give a long term, intermediate, and short term look.




Crude was the story today, but be real careful getting long here as it has only retraced back to a longterm trendline and Fibonacci.

The China index sporting similar action to Crude and could very well be a bull trap. Shorting here or some short-term puts 3-6 months with a stop at the fib line may be the play.